Wednesday, April 18, 2018

Test Your Retirement Planning Knowledge and Become a Master of Retirement

Test Your Retirement Planning Knowledge and Become a Master of Retirement
American Equity


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For information on how different types of annuities work, including benefits, fees, terms and limitations, please contact your financial professional.

Materials available on the Indexed Annuities Leadership Council (IALC) website may not be compliance-approved. AAAE and the IALC are not affiliated.

How Much Does Out-of-Pocket Medical Spending Eat Away at Retirement Income?

How Much Does Out-of-Pocket Medical Spending Eat Away at Retirement Income?
By Melissa McInerney, Matthew S. Rutledge and Sara Ellen King

(Center for Retirement Research at Boston College)

Do Your Clients Have a Plan to Pay for Health Care in Retirement?

By Nick Bates, Vice President of Annuity Sales

As a financial professional (FP), you have likely talked to many clients about saving for retirement in order to plan for income that will cover their basic living expenses. In most cases clients can make a fairly accurate estimate of what their costs for housing, food, and taxes will be when they plan to retire. If they can do this, they can plan reasonably for the amount of income they will need to cover these expenses. However, there is one other category of living expenses whose cost may be considerably greater than your clients would predict: health care.

Wednesday, April 11, 2018

Saving is only half the battle

Saving is only half the battle
(Athene)

Putnam Investments’ Social Advisor Study 5.0

Putnam Investments’ Social Advisor Study 5.0
(Putnam)

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Prior to participating in any marketing campaigns/programs/social media, producers should follow the approval requirements of their state(s), carriers they represent, and their broker/dealer and registered investment adviser, if applicable.

The Death of the Defined Benefit Pension


Traditional defined benefit plans or pensions have been fading away for decades. Employers don’t want the open-ended obligation and have been closing plans to new hires and in some cases freezing plans altogether. A defined benefit pension pays the employee a set annual income in retirement. An employer can pay an income based on the employee’s earnings at the end of their employment with a company. However, defined benefit pensions can also include career average calculations, or other methods of setting the income paid in retirement. However they calculate the defined payment, they will pay the employee a set income for life.

What’s in Your Files?


The importance of keeping a robust client file is well known to many financial professionals. However, what a “robust” file should look like may be less obvious. Different segments of our industry have different requirements and standards for what a producer should be doing and what is to be maintained in a client file.